Hello. Here I have for you a simple but reasonable "diagnosis" for FTM Fantom.
It has been nearly almost a year since all time high. Fantom has significantly dropped just as hard as it rose. Usually with this kind of scenario, there is almost always a rebound at least half as hard to a midpoint. That midpoint, is as you can see, in between around now, and all time high, at about $1.50
The greatest question ive always had was if i am right. I am usually right about things, as i look at the world from an unbiased perspective, yet a reasonable one with an outlook for the future based on reality + probability.
With that said, I have no doubt in my mind that this might be the easiest trade i may ever have the chance to accomplish. The easiest, and the most obvious.
Why? Here is why, because Fantom is NOT a shitcoin. Fantom is NOT a memecoin without utility. Fantom has one of, if not has the fastest transaction speed, on its own exclusive layer 1 blockchain. Its basically ETH Ethereum combined with MATIC Polygon, but faster and cheaper. It is EXTREMELY undervalued, and still way oversold. If there was ever a coin that could sit beside BTC, XRP, ETH, XLM, and like top 10 - 20 and hasnt yet done so, or isnt currently, FTM is it.
We are currently sitting above the broken triangle pattern, inside an upwards channel, pretty much down 90% from last year. Being down 90% means that there is a potential upside of 900%. Im sure you know that.
And that 900% can be much greater when traded properly. With my trading experience, I hope to achieve minimum 100x at the end of the next bull run. I have experienced it last year with a similarly down token (ELON) and managed to turn $200 into around $19.5K (I was scalping on and off other shitcoins as well). I plan on doing the same this year, but i just feel something with this coin. Fantom really stuck with me ever since i first saw it. One day it was at .70, and then im watching it go up day by day, 20% , 30% , non stop, until a week later it was at nearly 4 dollars. More expensive than MATIC (a comparable asset), also a higher all time high. And a lower low as well. I figure that these two should be worth essentially the same per coin. Although like i said, Fantom is on a whole nother level when it comes to sheer technology. Its also supported on metamask for those who didnt know, one of the few that are.
Over the past few days, and over the weekend, this coin has had a healthy period with high volatility and was fruitful to everyone. This was a good sign. Waking up in +15% green felt amazing. It outperformed all of my watchlist. Best performer of the week, hands down.
I strongly think we will break through the channel upwards which will begin to undo the drop all the way to $1.50
I am still all in, and still buying every dip, with any money i can afford to invest.
I dont see why there are people calling for such dramatic drops, even after all has been said and done, patterns broken, bullish momentum finally taking over...
And then theres some dud posting "Short to 0.2" or "Ascending wedge bearish af" like dude
You really counting on fantom to just die like that?
; ) im not
Bullish on all of my analytics, and indicators. Anything red under .38 is a good entry. I will never short this coin, i will only buy red dips and accumulate for the big trek up.
My diagnosis: ☆☆☆☆☆ 10/10 "The most Magnificent Epic" "Must Buy" Two Thumbs up
It deserves an Oscar for Best Crypto 2022, and a Grammy as well as an Emmy
Its definitely time now. Yolo.
It has been nearly almost a year since all time high. Fantom has significantly dropped just as hard as it rose. Usually with this kind of scenario, there is almost always a rebound at least half as hard to a midpoint. That midpoint, is as you can see, in between around now, and all time high, at about $1.50
The greatest question ive always had was if i am right. I am usually right about things, as i look at the world from an unbiased perspective, yet a reasonable one with an outlook for the future based on reality + probability.
With that said, I have no doubt in my mind that this might be the easiest trade i may ever have the chance to accomplish. The easiest, and the most obvious.
Why? Here is why, because Fantom is NOT a shitcoin. Fantom is NOT a memecoin without utility. Fantom has one of, if not has the fastest transaction speed, on its own exclusive layer 1 blockchain. Its basically ETH Ethereum combined with MATIC Polygon, but faster and cheaper. It is EXTREMELY undervalued, and still way oversold. If there was ever a coin that could sit beside BTC, XRP, ETH, XLM, and like top 10 - 20 and hasnt yet done so, or isnt currently, FTM is it.
We are currently sitting above the broken triangle pattern, inside an upwards channel, pretty much down 90% from last year. Being down 90% means that there is a potential upside of 900%. Im sure you know that.
And that 900% can be much greater when traded properly. With my trading experience, I hope to achieve minimum 100x at the end of the next bull run. I have experienced it last year with a similarly down token (ELON) and managed to turn $200 into around $19.5K (I was scalping on and off other shitcoins as well). I plan on doing the same this year, but i just feel something with this coin. Fantom really stuck with me ever since i first saw it. One day it was at .70, and then im watching it go up day by day, 20% , 30% , non stop, until a week later it was at nearly 4 dollars. More expensive than MATIC (a comparable asset), also a higher all time high. And a lower low as well. I figure that these two should be worth essentially the same per coin. Although like i said, Fantom is on a whole nother level when it comes to sheer technology. Its also supported on metamask for those who didnt know, one of the few that are.
Over the past few days, and over the weekend, this coin has had a healthy period with high volatility and was fruitful to everyone. This was a good sign. Waking up in +15% green felt amazing. It outperformed all of my watchlist. Best performer of the week, hands down.
I strongly think we will break through the channel upwards which will begin to undo the drop all the way to $1.50
I am still all in, and still buying every dip, with any money i can afford to invest.
I dont see why there are people calling for such dramatic drops, even after all has been said and done, patterns broken, bullish momentum finally taking over...
And then theres some dud posting "Short to 0.2" or "Ascending wedge bearish af" like dude
You really counting on fantom to just die like that?
; ) im not
Bullish on all of my analytics, and indicators. Anything red under .38 is a good entry. I will never short this coin, i will only buy red dips and accumulate for the big trek up.
My diagnosis: ☆☆☆☆☆ 10/10 "The most Magnificent Epic" "Must Buy" Two Thumbs up
It deserves an Oscar for Best Crypto 2022, and a Grammy as well as an Emmy
Its definitely time now. Yolo.
Trade active
Buy red, sell green.